Shares of Confluent Inc. (CFLT) Rise Above Previous 52-Week High

October 6, 2021 11:07:12

Confluent Inc. (NASDAQ:CFLT) traded today at a new 52-week high of $61.38. Approximately 945,000 shares have changed hands today, as compared to an average 30-day volume of 587,000 shares.

Confluent Inc. is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company generates revenue from the sale of subscriptions and services.

In the past 52 weeks, Confluent Inc. share prices are bracketed by a low of $42.31 and a high of $61.38 and are now at $61.09, 44% above that low price.

Confluent Inc. is currently priced 46.1% above its average consensus analyst price target of $32.95.

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